| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP15412 |
| DP15412 Monopsony, Skills, and Labor Market Concentration | |
| Samuel Dodini; Michael F. Lovenheim; Kjell G Salvanes; Alexander Willén | |
| 发表日期 | 2020-10-29 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | This paper extends the literature on monopsony and labor market concentration by taking a skillbased approach and estimates the causal effect of monopsony power on labor market outcomes. The prior literature has focused on industry and occupation concentration and likely overstates the degree of monopsony power, since worker skills are substitutable across different firms, occupations and industries. Exploiting linked employer-employee data that cover the universe of Norwegian workers over time, we find that our skill-based monopsony measure shows lower degrees of monopsony power than the conventional industry-and occupation-based measures. However, we also find that the gender gap in concentration is substantially larger using the skillbased measure relative to the occupation- or industry-based measures. Using mass layoffs and establishment closures as an exogenous shock to labor demand, we find that workers who experience a mass separation have substantially worse subsequent labor market outcomes when they are in more concentrated skill clusters. Our results point to the existence of employer market power in the economy that is driven by the concentration of skill demand across firms. |
| 主题 | Labour Economics |
| 关键词 | Monopsony Skills Labor market concentration |
| URL | https://cepr.org/publications/dp15412 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/544400 |
| 推荐引用方式 GB/T 7714 | Samuel Dodini,Michael F. Lovenheim,Kjell G Salvanes,et al. DP15412 Monopsony, Skills, and Labor Market Concentration. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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